Signup


Signup


Signup

CA Naman Maloo

CA Firm
4Year  12Month  experience

I have been a Chartered Accountant since 2017 and have Good amount of experience in Direct Tax especially replying various notices, assessment, capital gain calculation.

  

No more records

Address

324, Balaji Tower,Besides Radisson Blu,Tonk Road
Jaipur
Pin code - 302017

Availability

Mo,Tu,We,Th,Fr,Sa

09:30 am - 07:30 pm

Services

✔ Business Incorporation✔ Accounting / Book keeping
✔ Direct Taxation✔ GST

Industry Experience
✔ Education and Training✔ Manufacturing
✔ Services✔ Textiles
Awards and Recognitions
    NA


CAs in CA Naman Maloo

T

Tanuj Dolia

1 Months ago

Sir I have a 1 question.. I have a one gaming app. I deposit 1 lakh in this app.. and my app wallet balance is 1 lakh.. after that players of games deposit in my bank account i.e. one player add his gaming balance rs 2000.. he send this amount to my bank account.. I received payment in my bank account and received sms of payment.. then rs 2000 automatic less in my 1 lakh rs.. then players gaming balance added to his account.. in this process I received 2% of every payment send by players.. so I want to know that. In 1 day I received 30 transaction in my bank account.. so monthly transaction is 900. So what I do. Open a current account if I open current account so what I show in income tax or whatever which business I start it gives me 2% bonus of every payment I received in my bank.. because transaction of 1 month is 50 lakh. Which I deposit in wallet 1 lakh.. he circulate. When my balance low. I added this balance again. Please solve this .

    10 Dec 2022

Interesting query. Its a business income for you. You may do this business as a proprietary concern, or as a partnership concern or even as a private limited company. Its better to open a current account if its a proprietary concern. In the case of the business as a partnership or as a company, the bank account will have to be a current account in the name of the partnership/company.
Please ensure that the gaming app is legal

CA Naman Maloo     18 Dec 2022

First of all open a company if you wish to do it long term and open an escrow account to accept this amount or else even this 2000 could be considered as your income.
To consult more on this CLICK HERE: https://www.taxontips.com/tax-notice-personal-consultation/

T&C apply

P

Prakriti Gupta

1 Months ago

For the FY 2021-2022, I had an outstanding demand of INR 12200 which I already paid during filing ITR in July' 2022. However, I am receiving a reminder on my email that I have an outstanding amount to pay and also interest is added on that too. Can someone advise me what to do on this? I have already raised a grievance on the ITR website

    18 Dec 2022

Dear Pratik,
Please recheck the details of Tax paid is correctly filled in ITR or Not? after that you can apply for rectification request U/s 154.
For further consultation you can approach us on ca.rahuldwivedi@gmail.com or 9004485377

CA Naman Maloo     18 Dec 2022

Please check for which AY have you paid the challan.
Further have you responded to outstanding demand after paying demand?
You can book consultation at: https://www.taxontips.com/tax-notice-personal-consultation/ for further details

T&C apply

G

Gaurav yadav

3 Months ago

Hi,
I have a content website and revenue comes from Display Ads. We have a team of around 10 people. Does It come under "Section AD" for taxation in India?

CA Naman Maloo     26 Oct 2022

You can read this and this article would help you.
https://www.taxontips.com/taxability-of-income-earned-by-youtubers-instagramers-and-other-influencers-in-india-and-how-to-show-it-in-income-tax-return/

Prima facie you can take benefit of 44AD. However it is recommended to take consultation of CA at: https://www.taxontips.com/tax-notice-personal-consultation/

Regards,

T&C apply

A

Abhimanyu Sharma

3 Months ago

Sir if my only income is 750000 from dream 11 . And my 30% tax deducted ..can j get refund on it ..? Cause it's other sources of income

CA Naman Maloo     26 Oct 2022

No in case of dream 11 income such income is a special rate income and hence no refund can be claimed.
To read more CLICK HERE: https://www.taxontips.com/tax-on-winning-prize-money-on-kbc-dream-11-and-other-such-game-shows/

T&C apply

S

SHAKEEL A MAJID KHOT

3 Months ago

Summary:
Sir,I have an Residential Trading/Demat account ( with two stocks in DP ) with one share broking company, opened in the past.The account is active but almost unoperated.
Currently I am an NRI since last few years and now want to open an additional NRE Trading/Demat account for trading with another brokerage firm, while keeping the first account active but not operating.
Query:
1) How do I go about it?Can I open an additional NRE Trading/demat account for trading.
2)If yes ,do I require to transfer old stocks from DP holding to new NRE Demat account.
3) Am I required to close down my old Demat account?

CA Naman Maloo     26 Oct 2022

1. Yes you can open new account without transferring the stocks from old account.
2. However it is advisable to update your residential status to NRI in old account as well.

Regards,

For any income tax return filing help you can email at canamanmaloo at gmail

T&C apply

T

Taniza Dsouza

4 Months ago

If i am a nri and salary is 16lacs and im out of india for 130 days do i hv to pay tax

CA Naman Maloo     2 Oct 2022

I would recommend you to book a consultation with expert as more facts would be required in this case: https://www.taxontips.com/tax-notice-personal-consultation/

T&C apply

A

Aparna M N

4 Months ago

I have a GST (sole proprietorship) registered small business (inter state supply of goods/ reselling) with turnover less than 10 lakh per annum. I also simultaneously do freelancing where I make artwork for clients. Is it legal to not show the income from the freelancing while filing GST?

CA Naman Maloo     2 Oct 2022

No it is not legal. If your freelancing service is covered under GST and you are registered under GST you should show that income under GST as well.
To book consultation with expert click here: https://www.taxontips.com/gst-consultation/

T&C apply

R

ROHIT KUNDU

5 Months ago

Sir/mam,
My name is Rohit Kundu and i want your suggestion to the matter that i am the owner of an One Person Company and now i need to convert it into a Private Limited Company. But i did not know what are the procedures and processes to do this . Please suggest what are steps i have to follow for such things.

    26 Aug 2022

OPC can be converted into Pvt Ltd by voluntary or mandatory conversion. Form INC - 6 has to be filed with ROC within 30 days to 6 months, depending upon the type of conversion. For secretarial compliances and consultations, you can connect with us at ca.pujasharma@outlook.com

    26 Aug 2022

Dear Rohit,
Conversation of one person company into pvt ltd co is possible. However the procedure is technical and detailed.
For further consultation you can approach us on ca.rahuldwivedi@gmail.com or 9004485377.

CA Naman Maloo     4 Sep 2022

The procedure is too long and can take anywhere upto 6 months.
We can help you with it but cost could be very high. So what is the intention in doing so.
If you need consultation you can book the same at: https://www.taxontips.com/tax-notice-personal-consultation/

T&C apply

K

Kavitha

5 Months ago

After 7 years I sold my flat in August 21st 2922 and I have 13 lakhs long term capital gain,
To avoid tax, can I buy any site? Or mandatory to buy a flat? And before which date I need to buy?

CA Naman Maloo     4 Sep 2022

You need to buy flat to save capital gain under section 54 or you can invest in bonds. For flat you'll have 2 years to buy and for bonds you'll have 6 months from date of sale.
Read more on: https://www.taxontips.com/is-investing-your-capital-gain-amount-in-bonds-under-section-54ec-still-a-good-option-to-save-capital-gain-tax/

T&C apply

N

Nikhil

6 Months ago

I have general inquiry on below scenario of myself moving to Singapore:

1. I have income in my current company till approx 20-Sep-2022
2. I will be moving to Singapore on 26-Sep-2022 and earning in Singapore dollars will be started.

Questions:
1. In India, FY 2022-2023 - Do I need to declare singapore earnings? Will that be taxable?
2. If I send Singapore dollars to India's NRE account, will that amount be taxable?

Please suggest

CA Naman Maloo     7 Aug 2022

If you are moving to singapore before 1st october you will be non resident in India as you are moving out for employment and hence no tax needs to be paid on singapore salary.

Sending amount to NRE account wont be taxable.

You can book consultation at: https://www.taxontips.com/tax-notice-personal-consultation/

T&C apply
 
more
No more records
CAs in CA Naman Maloo